Reliance Insurance Co. Sees Positive Distribution Amid Market Challenges

Karachi, Reliance Insurance Co. Ltd. (RICL) announced an encouraging performance in the market with today’s rate at Rs. 11.00 and a slightly lower daily weighted average rate of Rs. 10.66. The company, with a robust paid-up capital of Rs. 665.38 million, declared a 10% distribution for its stakeholders. Since its listing in 1983, Reliance Insurance has been a consistent player in the market, maintaining a market lot size of 500 and closing its books on April 20. The EPS for RICL was recorded at Rs. 8.5.

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Ghariwal Cement Shareholder Reports Loss of Share Certificate

Karachi: A shareholder of Ghariwal Cement Limited has officially reported the loss of a share certificate covering fifteen shares, according to a recent notice issued by the company. The lost certificate, under Folio No. 2489, was reported by M/s Moha...

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